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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Post by Unlucky13on May 03, 2021 10:08am
98 Views
Post# 33113472

Baytex down 97 percent

Baytex down 97 percent

Facts are facts.  BTE is down year over year over year, 2 years ago it traded at $1.80.   99 percent who own the stock pre Covid have been wiped out and decimated.  Does that sound like a good stock to you?  Oil is near its peak for the year, the stock needs to go back to precovid levels and 5 years ago RBC had a worse case scenario of $10 and now it's best case of $1.80.  Scandalous and management has to take to their grave how they blew all the original shareholders hard earned money.  $50 to $1.50, facts!  That is utter destruction.

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